U.S. stocks seen falling in coming week

L

lloyd111

SAN FRANCISCO (MarketWatch) - U.S. stocks are expected to extend declines next week, as concern about weakening corporate earnings and higher oil prices keeps potential buyers out of the market, strategists said.


Hmmmm,could be a bear week! or a bear trap?

Got to love articles,gives the media a chance to put its game plan as set out by their string pullers (big money) into ones head and not for the benefit of the reader imho.
 
Quote from lloyd111:

SAN FRANCISCO (MarketWatch) - U.S. stocks are expected to extend declines next week, as concern about weakening corporate earnings and higher oil prices keeps potential buyers out of the market, strategists said.


Hmmmm,could be a bear week! or a bear trap?

Got to love articles,gives the media a chance to put its game plan as set out by their string pullers (big money) into ones head and not for the benefit of the reader imho.
More...

That's the whole article? Or are you censoring us? :D
 
Quote from lloyd111:

I assure you Blast I am not in the game of scensorship. lol

http://www.marketwatch.com/news/story/us-stocks-seen-falling-coming/story.aspx?guid={24E75E24-9F42-46AD-AFCF-CSAN FRANCISCO (MarketWatch) - U.S. stocks are expected to extend declines next week, as concern about weakening corporate earnings and higher oil prices keeps potential buyers out of the market, strategists said.
"We're still [moving] lower, trying to find a base as we approach the earnings season," said Marc Pado, U.S. market strategist at Cantor Fitzgerald.
The highlight of next week's economic calendar will come Friday with the monthly jobs report from the Labor Department.
While economists surveyed by MarketWatch expect more jobs to have been added to the country's payrolls in March, investors have a thick wall of worry to confront ahead of the report, including a possible rash of weak corporate forecasts and an almost 6% rise in crude-oil prices in the last week amid the Iranian hostage situation.
But U.S. equity investors won't get a chance to immediately trade on the jobs figures because the stock market will be closed in observance of Good Friday.
Any immediate reaction to the jobs report should be reflected in the bond and currency markets, which will be open for business on Friday.
Still, "the jobs report is going to be huge. The market is going to look for some strength there to balance off some of the weak signals that we've had lately," said Eric Thorne, portfolio manager at Bryn Mawr Trust Wealth Management.
The survey on manufacturing activity in March from the Institute for Supply Management is due Monday and follows this week's report of an unexpectedly soft increase in durable goods orders for February.
Gauges of consumer activity will come Tuesday with monthly vehicle sales reports from automakers including General Motors Corp. (GM : General Motors Corporation
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First quarterly loss in two years
Equities marked the end of the first quarter Friday with the Dow Jones Industrial Average ($INDU : Dow Jones Industrial Average
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$INDU12,354.35, +5.60, +0.0%) recording its first quarterly loss since 2005. The broad index now sits in negative territory for the year so far. The S&P 500 Index and the Nasdaq Composite, meanwhile, were clinging to modest gains for the year.
Jolting stocks on Friday was news that the U.S. has imposed trade sanctions on China.
"We're in a nervous market," said Goldman, chief market strategist at A.G. Edwards, who said the news of the sanctions triggered the market's hatred of uncertainty.
Volatility could also heightened next week by the fewer number of market players in action with Passover on Monday, said Goldman.
Crude-oil futures finished slightly lower on Friday at $65.87 a barrel, but not far from their highest level in four months.
The market is "torn between profit takers trying to lock in the current unreasonable highs in oil prices, and those wary of going into the weekend unsure of what new troubles may pop up on the geopolitical front," said Rakesh Shankar, an economist at Moody's Economy.com in e-mailed comments. See Futures Movers.
Higher gasoline prices adds to the list of worries by consumers, many of whom are already grappling with the shakeup and uncertain future of the subprime lending sector and the slowdown in the housing market overall.
Earnings outlook
The warning season for financial results officially begins next week, said Pado, and "if any companies know that they are going to miss the numbers, they are going to be revealing that before the season starts."
The first-quarter reporting season begins April 10 with results from aluminum giant Alcoa Inc. (AA : alcoa inc com
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Page 2 of the article:

The record run of 14 straight quarters of double-digit earnings growth is projected to come to an end in the first-quarter. The earnings growth rate for the period currently stands at 3.8%, down from 8.7% projected on Jan. 1. See earnings preview.
Forecasts from companies about their first-quarter results are running quite "negative," said John Butters, senior research analysts at Thomson Financial.
Thomson's ratio of negative-to-positive forecasts from S&P 500 companies for the first quarter is now 3.2, well above the long-term average of 2.
"It's not time to throw in the towel on earnings...[but it's] another thing to be worried about," said John Forelli, portfolio manager at Independence Investments.
Data
Economists polled by MarketWatch expect an increase by 139,000 in March nonfarm payrolls. In February, payrolls had their weakest growth in two years.
"If the report can come in a little bit stronger than expectations...then the [stock] market can have a couple of good sessions based on that," in the following week, said Thorne at Bryn Mawr Trust Wealth Management.
The unemployment rate is expected to move up to 4.6% from 4.5%.
Market players will look through the jobs report to check on monthly wage levels. The central bank views higher wages as a sign of rising inflation.
Forelli at Independence Investments said he "wouldn't be surprised to trade off [in stocks next week] as investors begin to worry about near term inflation due to the strength of the global economies."
Economists expect average hourly earnings in March to have moved to 0.3%, compared with a higher-than-expected rise to 0.4% in February.
The last key check on inflationary pressure came Friday from the core personal consumption price index. The core PCE index, the Fed's preferred measure of core inflation, rose 0.3% in February, the biggest gain since August.
ISM's manufacturing survey is expected to come in at 52%, a slip from 52.3% in February. A reading of more than 50 reflects expansion.
Economists forecast a 1.9% increase in factory orders for February. The Commerce's Department's report is due Wednesday. Demand of U.S.-made manufactured goods dropped by 5.6% in January, the largest fall since July 2000.
Carla Mozee is a reporter for MarketWatch in San Francisco.
 
This is what I meant by censorship. You pointed out that the media tries to put things in your head but you did the same by not showing that the article used 100 indicators that things are looking grim.

:D
 
Quote from blast19:

This is what I meant by censorship. You pointed out that the media tries to put things in your head but you did the same by not showing that the article used 100 indicators that things are looking grim.

:D
More...

I did not post the article as I was not sure if the ET site would allow an article from a competitor site to be posted,however had you employes observation you could have seen the marketwatch site url in the thread for guidance to the article.

But lo and behold the ET site allowed it to be posted and so on both counts your accusation of scensorship has no teeth.

Gummy Blast anyone lol
 
You paste one paragraph and then this:

"Hmmmm,could be a bear week! or a bear trap?

Got to love articles,gives the media a chance to put its game plan as set out by their string pullers (big money) into ones head and not for the benefit of the reader imho."

If that doesn't look like bullshit propaganda considering the article thoroughly explains itself, I don't know what you're smoking but it must be good. :D

And what the hell does "gummy blast" mean?
 
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